Vanguard Russell 1000 Growth ETF $VONG Shares Sold by MAI Capital Management

MAI Capital Management lessened its stake in shares of Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) by 1.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 59,034 shares of the company’s stock after selling 647 shares during the period. MAI Capital Management’s holdings in Vanguard Russell 1000 Growth ETF were worth $6,447,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Advantage Trust Co acquired a new stake in Vanguard Russell 1000 Growth ETF during the second quarter worth about $29,000. Greykasell Wealth Strategies Inc. acquired a new position in Vanguard Russell 1000 Growth ETF in the 1st quarter valued at about $35,000. ORG Wealth Partners LLC grew its stake in shares of Vanguard Russell 1000 Growth ETF by 1,671.4% in the 2nd quarter. ORG Wealth Partners LLC now owns 372 shares of the company’s stock valued at $40,000 after buying an additional 351 shares during the period. Angeles Wealth Management LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the 2nd quarter valued at approximately $42,000. Finally, Asset Management One Co. Ltd. acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter worth approximately $47,000.

Vanguard Russell 1000 Growth ETF Stock Performance

VONG stock opened at $117.73 on Friday. Vanguard Russell 1000 Growth ETF has a one year low of $79.39 and a one year high of $126.83. The firm has a market cap of $31.85 billion, a PE ratio of 33.25 and a beta of 1.12. The firm’s 50 day moving average price is $121.28 and its 200-day moving average price is $113.43.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Wednesday, September 24th were paid a $0.1419 dividend. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Wednesday, September 24th. This represents a $0.57 annualized dividend and a dividend yield of 0.5%.

Vanguard Russell 1000 Growth ETF Profile

The Vanguard Russell 1000 Growth ETF (VONG) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with high growth characteristics, based on Russell’s style methodology. VONG was launched on Sep 20, 2010 and is managed by Vanguard.